EU and US take decisive step to end aircraft dispute

This article is brought to you in association with the European Commission. European Commission Executive Vice-President Valdis Dombrovskis and US Trade Representative Katherine Tai reached an understanding relating to large civil aircraft, transforming almost 17 years of disputes into a forward-looking, collaborative platform to address bilateral issues as well as global challenges. Both sides will now […]

Boeing subsidy case: World Trade Organization confirms EU right to retaliate against $4 billion of U.S. imports

This article is brought to you in association with the European Commission. Today, the World Trade Organization (WTO) allowed the EU to raise tariffs up to $4 billion worth of imports from the U.S. as a countermeasure for illegal subsides to the American aircraft maker, Boeing. The decision builds upon the WTO’s earlier findings recognising the […]

EU-US trade war: Will Trump take advantage of WTO’s decision leading to ominous economic growth?

The World Trade Organisation (WTO) is going to back up the US to impose tariffs on EU products over the Airbus case where the aerospace firm received illegal subsidies by EU governments. Thus, the US President Donald Trump will have the upper hand and either impose billions of tariffs or bargain a better trade deal […]